Medicare Reform
The Larger Picture
Bibliographic Data
| ID | 14855202 |
|---|---|
| Authors | Victor R Fuchs (Stanford University; National Bureau of Economic Research, Stanford, California., corresponding author) |
| Year | 2000 |
| Volume | 14 |
| Issue | 2 |
| Pages | 57-70 |
| Publication date | 2000-05-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Economic Perspectives (JOURNAL) |
| Journal identifiers | ISSN: 0895-3309 • E-ISSN: 1944-7965 |
| Publisher | American Economic Association (PUBLISHER • US) |
| DOI | 10.1257/jep.14.2.57 |
| PMID | 15179970 |
| OpenAlex | W2060363106 |
| Language | EN |
| References cited | 2 |
The “Medicare problem” is examined as part of the larger problem of providing for the overall financial needs of the elderly. Several myths about Medicare are discussed, and sources and uses of the elderly's “full income” are estimated. The paper explores policy options to deal with technology-induced increases in health care expenditures and excessive dependence of the elderly on transfers from the young. The paper concludes that if Americans wish to continue to enjoy the benefits of medical advances, they will have to work before and after age 65 and will have to increase their rate of saving substantially
Actuarial science · Business · Demographic economics · Economic growth · Economics · Health care · Labour economics · Medical care · Mythology · Public economics · Financial Literacy, Pension, Retirement Analysis · Global Health Care Issues · Healthcare Policy and Management · Medicine · Nursing
| Citation velocity | historical |
|---|---|
| Highly cited | No |